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Lean Hogs Apr '19 (HEJ19)

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Lean Hogs Futures Market News and Commentary

Lean Hogs Market News and Commentary

Lean Hog futures posted 10 to 82.5 cent gains in most contracts on Friday, with August down a dime. The CME Lean Hog Index was down 31 cents from the previous day @ $55.24 on February 13. The USDA pork carcass cutout value was up 27 cents on Friday afternoon at an average weighted price of $63.03. The national base cash hog carcass value was down 21 cents in the PM report, with a weighted average of $48.51. USDA estimated FI hog slaughter WTD at 2.514 million head through Saturday. That is down 2,000 head from the previous week but 129,000 above the same week last year.Apr 19 Hogs closed at $59.525, up $0.825,May 19 Hogs closed at $68.450, up $0.750Jun 19 Hogs closed at $76.725, up $0.250--provided by Brugler Marketing & Management
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